$1,579,000
$1,575,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/20/2021
Key Details
Sold Price $1,579,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10579193
Sold Date 08/20/21
Maintenance Fees $100
Year Built 1929
Annual Tax Amount $11,050
Tax Year 2018
Lot Dimensions 10787
Property Sub-Type Multi Family 5+
Property Description
Great investment opportunity in the Park Manor Neighborhood. All twelve (12) condo quality units have been completely gut renovated including, building mechanicals and common areas. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, plumbing, roof, and masonry. Separate utilities. New coin operated machines in laundry room. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas, fencing and sidewalks.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Water to Site
Building
Level or Stories 2
Structure Type Brick
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Bought with Anthony Golob • Halsted Taylor Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "